L&T Finance Jumps on Strong Q1

  Published 1 year ago

L&T Finance rises 3.5% after Q1 profit beats, aided by lower funding costs and stable asset quality despite a weak season.

  • Asset quality stability in a weak quarter is seen as key positive by Motilal Oswal Financial Services.
  • Investors await management commentary in the post-earnings call for growth, margin, and asset quality outlook.
  • Stock up 55% YTD; 17 analysts rate “buy” with ₹215 median price target, per LSEG consensus data.

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